Mining production in Botswana tumbled 8.7 percent year-on-year in the second quarter of 2019, following a 3.1 percent rise in the previous period. Output went down for diamonds (-8.4 percent vs 3.3 percent in Q1); gold (-14 percent vs -16.9 percent) and coal (-6.3 percent vs -7.1 percent). Also, smaller gains were recorded for soda ash (0.1 percent vs 14.6 percent), Meanwhile, production of salt surged (41.7 percent vs 29.6 percent). On a quarterly basis, mining production declined 4.1 percent, after shrinking 6.0 percent in the preceding quarter.
Mining Production in Botswana averaged 9.19 percent from 2004 until 2019, reaching an all time high of 624.40 percent in the first quarter of 2010 and a record low of -91.60 percent in the first quarter of 2009. This page provides - Botswana Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Mining Production in Botswana is expected to be -4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in Botswana to stand at 1.50 in 12 months time. In the long-term, the Botswana Mining Production is projected to trend around 5.60 percent in 2020, according to our econometric models.